Leeds' LNT Group sees turnover increase 19%

Leeds’ The LNT Group has reported a turnover increase of 19% to £90.6 million in its 2013-14 accounts, which were published this week.

The fixed assets of the Group have also increased in value by £8.3 million in 2013-14.

Demand for LNT Construction’s Turn of Key care homes has escalated, securing an impressive forward pipeline of development with both new and repeat purchasers.

Ideal Carehomes continues to invest into the business and now has over 2,000 beds across the UK.

Their mature estate of care homes maintains market leading occupancy rates at an average of 96%, which reflects the consistent quality of care provided throughout their homes.

Matt Lowe, commercial director of the LNT Group, said: “The LNT Group is proud to be an award-winning business, creating local jobs in Yorkshire and expanding skills in the key sectors of construction, engineering and manufacturing.

“Having secured a 10 year debt facility with Legal and General of £51m for our care homes business in 2014, we have a fantastic platform to keep growing the Group.

“We’re very pleased with the performance post 2013-14 accounts and expect 2015 to be an exciting year for us.”

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